The Clinton Utilities Board can require a deposit to open or hold a utility account — a utility deposit bond lets you post a surety bond instead of tying up cash. We write it at a flat 3% of the deposit amount, $275 minimum, in a five-minute application.
















Utility deposit bonds are quick. Here's the entire process:
Enter the deposit amount the Board set and an effective date. That's the application — no financials, no credit check section.
Deposit bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with the Clinton Utilities Board to open or keep your account. Wet-ink original mailed on request.
Deposit amount × 3% = premium, $275 minimum. Enter the deposit the Board set and the price is instant.
A utility deposit bond is a payment guarantee. Instead of leaving a cash deposit with the Clinton Utilities Board, you post a surety bond that backs your utility bills — if you don't pay, the Board can recover against the bond.
It's a three-party arrangement: you (the principal), the surety carrier, and the Clinton Utilities Board (the obligee). The bond does the same job as a cash deposit, but you pay a small annual premium instead of parking the full deposit.
The bond stays in force while your account is open. We track the dates and notify you 60 and 30 days out so your utility service is never interrupted over a lapsed bond.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Flat 3%, $275 minimum, five-minute application, bond often issued in the same sitting. Free until issued.